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The U.S. Will Pay Sanofi & GlaxoSmithKline Up To $2.1 Billion For 100 Million Doses Of Their Coronavirus Vaccine Candidate

Plus, big tech stocks crushed earnings, $600-a-week unemployment benefits are set to expire with no agreement on a new stimulus bill in Congress, Merck is preparing to launch a large study of its experimental coronavirus treatment, and Pinterest is on the rise.

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Weekly Jobless Claims Rose For The First Time Since March

Plus, coronavirus cases in the U.S. rose to 4 million, Senate Republicans have come to agreement with the White House on how to proceed with a new coronavirus relief bill, Tesla smashed earnings estimates, and another retailer declared bankruptcy.

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Pfizer & BioNTech Just Landed A $1.95 billion Contract To Provide 100 Million Doses Of Its Coronavirus Vaccine

Plus, the U.S. ordered China to close its consulate in Houston, Nike announced a leadership shake-up, Slack filed a complaint against Microsoft with the European Commission, and United Airlines reported earnings.

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Twitter Shares Are Down After Hackers Attack High-Profile Users

Plus, jobless claims came in higher than 1 million for the seventeenth week in a row, security experts warned Russian hackers are trying to steal COVID-19 vaccine research, Morgan Stanley reported better-than-expected earnings, and Tesla shares are down after a report that its vehicle registrations were down by nearly half in the second quarter.

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Stocks Sink Lower As President Trump Announces News Conference “On China” Today

Plus, New Jersey Governor Murphy said the state may have to layoff 200,000 due to a $10.1 billion revenue shortage amid the coronavirus crisis, GM will reopen its American plants starting Monday, and Nordstrom shares are down after the department store reported net sales fell 40% last quarter.

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The U.S. Surpassed 100,000 Coronavirus Deaths

Plus, another 2.1 million Americans applied for unemployment benefits last week, Trump is expected to sign an executive order to crack down on liability protections for social media platforms, and Abercrombie shares are down after the mall-staple reported a 34% drop in sales in the first quarter.

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Twitter Shares Are Soaring After Earnings & Active Users Beat

Plus, China announced it will halve tariffs on $75 billion worth of U.S. goods, and Yum! Brands warned that it could fall short of its outlook as the coronavirus outbreak weighs on its sales in China.

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Earnings Reports Are Rolling In: These Are The Biggest Hits—And Misses—For Thursday

Plus, Boris Johnson just called for a U.K. general election in December, and investors are about to get their chance to invest in space tourism.

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Snap Inc. (SNAP) Buy Target – $17.00 or better

Trade Setup Buy Target – $17.00 or better Sell Target – TradersPro Sell Target Snap Inc. operates as a camera company in the United States and internationally. The company offers Snapchat, a camera application that helps people to communicate through short videos and images. It also provides Camera, a tool to personalize and add context […]

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The Next Round Of Trade Talks Are Officially Happening Early Next Month

Plus, the jobs report was mixed, U.K. Prime Minister Boris Johnson’s bad week gets worse, Apple is taking advantage of cheap debt, and Facebook can now be used as a dating app.

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